Canada: Market for Bottles, Jars And Other Containers Of Glass 2024

Market Size for Bottles, Jars And Other Containers Of Glass in Canada

In 2021, the Canadian market for bottles, jars and other containers of glass decreased by -21.9% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption, however, saw buoyant growth. As a result, consumption attained the peak level of $X, and then declined markedly in the following year.

Production of Bottles, Jars And Other Containers Of Glass in Canada

In value terms, glass bottle, jar and container production shrank markedly to $X in 2021 estimated in export price. In general, production, however, recorded a buoyant increase. The pace of growth appeared the most rapid in 2020 with an increase of 105%. As a result, production reached the peak level of $X, and then reduced notably in the following year.

Exports of Bottles, Jars And Other Containers Of Glass

Exports from Canada

In 2021, overseas shipments of bottles, jars and other containers of glass increased by 3.6% to X units, rising for the second year in a row after two years of decline. The total export volume increased at an average annual rate of +2.4% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 10% against the previous year. Over the period under review, the exports hit record highs at X units in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, glass bottle, jar and container exports expanded modestly to $X in 2021. The total export value increased at an average annual rate of +3.7% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 with an increase of 13% against the previous year. The exports peaked in 2021 and are likely to continue growth in years to come.

Exports by Country

The United States (X units) was the main destination for glass bottle, jar and container exports from Canada, with a approx. 99% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the United States amounted to +2.4%.

In value terms, the United States ($X) also remains the key foreign market for bottles, jars and other containers of glass exports from Canada.

From 2012 to 2021, the average annual growth rate of value to the United States totaled +3.7%.

Export Prices by Country

The average export price for bottles, jars and other containers of glass stood at $X per unit in 2021, remaining stable against the previous year. Over the last nine years, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2014 an increase of 12%. Over the period under review, the average export prices attained the maximum at $X per unit in 2020, and then fell in the following year.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +1.3% per year.

Imports of Bottles, Jars And Other Containers Of Glass

Imports into Canada

In 2021, approx. X units of bottles, jars and other containers of glass were imported into Canada; picking up by 6.4% on the previous year's figure. In general, total imports indicated a prominent expansion from 2012 to 2021: its volume increased at an average annual rate of +8.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +103.2% against 2013 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 15% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to see gradual growth in years to come.

In value terms, glass bottle, jar and container imports skyrocketed to $X in 2021. Over the period under review, total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +6.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +83.4% against 2013 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the United States (X units) constituted the largest glass bottle, jar and container supplier to Canada, accounting for a 51% share of total imports. Moreover, glass bottle, jar and container imports from the United States exceeded the figures recorded by the second-largest supplier, China (X units), threefold. The third position in this ranking was held by Mexico (X units), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from the United States amounted to +4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+13.7% per year) and Mexico (+21.8% per year).

In value terms, the United States ($X) constituted the largest supplier of bottles, jars and other containers of glass to Canada, comprising 51% of total imports. The second position in the ranking was taken by China ($X), with a 17% share of total imports. It was followed by Mexico, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States stood at +3.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+12.4% per year) and Mexico (+20.5% per year).

Import Prices by Country

The average import price for bottles, jars and other containers of glass stood at $X per unit in 2021, surging by 12% against the previous year. Overall, the import price, however, showed a slight curtailment. Over the period under review, average import prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Mexico ($X per unit) and the United States ($X per unit), while the price for Italy ($X per unit) and France ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-1.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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